TopCatch Fishing Boats had product sales for the current year as follows: Q1 4,000 boats; Q2...
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TopCatch Fishing Boats had product sales for the current year as follows: Q1 4,000 boats; Q2 4,800 boats; Q3 3,600 boats; Q4 2,400 boats. Current selling price is $5,000 per boat. A strong economy and specific market initiatives at Titan for next year indicate that sales volume is expected to increase by 4% in each quarter and sales price will increase by 6% per boat. The sales revenue forecast for Q4 next year would be: Multiple Choice O $12,694,200. $12,475,000. $12,719,600. $13,228,800. TopCatch Fishing Boats had product sales for the current year as follows: Q1 4,000 boats; Q2 4,800 boats; Q3 3,600 boats; Q4 2,400 boats. Current selling price is $5,000 per boat. A strong economy and specific market initiatives at Titan for next year indicate that sales volume is expected to increase by 4% in each quarter and sales price will increase by 6% per boat. The sales revenue forecast for Q4 next year would be: Multiple Choice O $12,694,200. $12,475,000. $12,719,600. $13,228,800.
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Managerial Accounting Decision Making and Performance Management
ISBN: 978-0273764489
4th edition
Authors: Ray Proctor
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